UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
CURRENT REPORT
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PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) October 24, 1997 (October 20,
1997)
HENLEY HEALTHCARE, INC.
(Exact name of registrant as specified in its charter)
Commission File Number 0-28566
TEXAS 76-0335587
(State or other jurisdiction of (IRS Employer Identification Number)
incorporation or organization)
120 Industrial Boulevard, Sugar Land, Texas 77478
(Address of principal executive offices)
281-276-7000
(Registrant's telephone number, including area code)
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HENLEY HEALTHCARE, INC.
FORM 8-K
CURRENT REPORT
Item 4. Changes in Registrant's Certifying Accountant
On October 20, 1997 Henley Healthcare, Inc. (the "Company") informed
Goldstein Golub Kessler & Company, P.C. ("GGK"), its former principal
accountants, of the decision of its Board of Directors to appoint Arthur
Andersen LLP as its principal accountants in place of GGK whom the Board voted
to dismiss. The Board's decision in no way reflects any dissatisfaction with the
services of GGK, but is based on the Company's desire to engage the services of
a bigger firm consistent with its growth strategy.
In connection with the audits of the two most recent fiscal years ended
December 31, 1996 and the subsequent interim periods through October 20, 1997,
the Company had no disagreements with GGK on any matter of accounting principles
or practices, financial statement disclosure, or auditing scope or procedure,
which disagreements, if not resolved to the satisfaction of GGK, would have
caused them to make reference to the subject matter of the disagreements in
connection with their opinion.
The accountant's reports of GGK on the financial statements of the
Company as of and for the fiscal year ended December 31, 1996 did not contain
any adverse opinion or disclaimer of opinion, nor was it qualified or modified
as to uncertainty, audit scope or accounting principles. The accountant's report
of GGK on the financial statements of the Company as of and for the fiscal year
ended December 31, 1995 did not contain any adverse opinion or disclaimer of
opinion, nor was it qualified or modified as to audit scope or accounting
principles, but contained an explanatory paragraph as to uncertainty about the
Company's ability to continue as a going concern relating to substantial
cumulative losses incurred as a development stage company through that date
since inception.
Item 7. Exhibits
A letter from GGK, addressed to the Commission, indicating GGK's
concurrence with the disclosures herein is filed as an exhibit to this Form 8-K.
See Index of Exhibits below.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
HENLEY HEALTHCARE, INC.
Date: October 24, 1997 By:/s/ Dan D. Sudduth
Dan D. Sudduth
Executive Vice President &
Chief Financial Officer
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HENLEY HEALTHCARE, INC.
INDEX OF EXHIBITS
FORM 8-K
October 24, 1997
Exhibit
Number Description
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16.1 Letter dated October 24, 1997, from GGK to the Commission regarding
disclosure in this Form 8-K.
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GOLDSTEIN GOLUB KESSLER & COMPANY, P.C.
CERTIFIED PUBLIC ACCOUNTANTS AND CONSULTANTS
October 24, 1997
Securities and Exchange Commission
Washington, D.C. 20549
Re: Henley Healthcare, Inc. (formerly Lasermedics, Inc.)
Commission File #0-28566
Gentlemen:
We have read the above referenced Registrant's response to Item 4- Changes in
Registrant's Certifying Accountant with respect to its Current Report on Form
8-K dated October 24, 1997 and concur with the statements made therein.
Sincerely,
/s/ GOLDSTEIN GOLUB KESSLER & COMPANY, P.C.
GOLDSTEIN GOLUB KESSLER & COMPANY, P.C.
1185 Avenue of the Americas New York, NY 10036-2602
TEL 212 372 1000 Fax 212 372 1001 WEB http://www.ggk.com
